diff --git a/IDE/IAR/keytools/keygen.exe b/IDE/IAR/keytools/keygen.exe
index 09cad8cea..698b91ea2 100644
Binary files a/IDE/IAR/keytools/keygen.exe and b/IDE/IAR/keytools/keygen.exe differ
diff --git a/IDE/IAR/keytools/sign.exe b/IDE/IAR/keytools/sign.exe
index 83b36c7e7..d8ae749d6 100644
Binary files a/IDE/IAR/keytools/sign.exe and b/IDE/IAR/keytools/sign.exe differ
diff --git a/README.md b/README.md
index 7d5c3fd5c..94d0f30c9 100644
--- a/README.md
+++ b/README.md
@@ -652,3 +652,26 @@ Use `make keysclean` to delete keys and regenerate.
     * wolfTPM latest
     * wolfPKCS11 latest
 
+### V 2.4.0 - (2025-01-07)
+  * New hardware targets
+    * Add support for NXP Layerscape LS1028A
+  * Improvements to supported targets
+    * ARMv7-M, ARMv8-M: Using Thumb2 version of ARMASM
+    * x86-FSP: improvements to stage1 code, added support for GDT tables
+    * Xilinx UltraScale+
+      * Support running from all Exception Levels
+      * Added QSPI DMA support and improved clock configuration
+      * Added FIT image support
+  * New features and improvements
+    * Added integration with wolfHSM
+    * Improve delta update detection of base image via SHA
+    * Remove compile-time dependencies for key tools
+    * Key tools: improve detection of delta base image version
+  * Bug fixes
+    * Fix potential failure in `NVM_FLASH_WRITEONCE` mode
+  * Updated modules
+    * wolfSSL v5.7.6
+    * wolfTPM 3.8.0
+    * wolfPKCS11 latest
+    * wolfHSM latest
+
diff --git a/include/wolfboot/version.h b/include/wolfboot/version.h
index 88f91e507..2ad645e24 100644
--- a/include/wolfboot/version.h
+++ b/include/wolfboot/version.h
@@ -29,8 +29,8 @@ extern "C" {
 #endif
 
 
-#define LIBWOLFBOOT_VERSION_STRING "2.3.0"
-#define LIBWOLFBOOT_VERSION_HEX 0x02030000
+#define LIBWOLFBOOT_VERSION_STRING "2.4.0"
+#define LIBWOLFBOOT_VERSION_HEX 0x02040000
 
 #ifndef WOLFBOOT_VERSION
     #define WOLFBOOT_VERSION LIBWOLFBOOT_VERSION_HEX